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How Leaders Lead with David Novak

3 More Questions (Bill Mudd) with David Novak and Koula Callahan

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 6 May 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

On this episode of 3 More Questions, you'll hear David Novak's answers to: How do you lead in rooms where the people you're talking to know more about a subject than you? What kept you up at night when you were running a massive business at Yum! Brands with 1.5 million employees? What do you think of Bill's thoughts about innovation and galvanizing your team around the right kind of ideation? ——— GO DEEPER Scale up your leadership skills in 2 minutes a day with the How Leaders Lead app — Download today in the App Store Get coaching from David by signing up to receive his Weekly Leadership Plan. It builds on each podcast episode by offering actionable steps you can take each week to incorporate the learnings from the episode into your leadership style. It only takes about 5 minutes and is a great way to start off your week! Subscribe to the How Leaders Lead podcast to ensure you never miss an episode!

Transcript

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0:00.0

Welcome to How Leaders Lead. I'm Kula Callahan here to bring you another edition of three more

0:09.1

questions with David Novak. David, it's derby season. We've got a fun conversation to dive into today.

0:14.5

Yeah, we just wrapped up the Kentucky Derby and, you know, it was exciting as usual, and I hope everybody out there picked

0:22.6

the winner. And today, we're debriefing my conversation with Bill Mud, the president and chief

0:29.0

operating officer of Churchill's Downs. This guy is all over his business into the detail, and he

0:34.9

has a big business to run and work through. And I really loved how he

0:40.4

thinks through the customer experience from the minute you get into the parking lot to the time

0:45.3

you leave. And I think everybody should be thinking about their customers in that way,

0:49.7

and then do the things that make them happy all along the way. One thing that I wasn't aware of going into this conversation is that Churchill Downs has a $10 billion market cap.

1:00.0

I mean, this is a gigantic organization.

1:03.2

And like you said, Bill Mudd is a guy who gets into the details to really understand his customers

1:08.7

and empowers his people every step of the way.

1:11.7

I'm excited to dive into today's questions, David. This is going to be a fun one.

1:15.2

All right. Let's go.

1:20.1

Question number one, and I got to ask it, David, you've been to over 20 Kentucky derbies.

1:25.9

What is your favorite derby story? Well, I have a couple. One is very

1:31.2

much in the traditional sense of just attending the Derby and having guests come in that are

1:38.1

really excited about it because believe me, if you have somebody to go to the Kentucky Derby,

1:43.6

they raise their hand in a hurry.

1:45.5

They can't wait to get there because it's basically on the bucket list for almost everybody that I know.

1:52.2

The traditional story I have is I was lucky enough to have Arnold Palmer as a guest.

1:57.9

And he is just a terrific guy.

...

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